TIME vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricTIMEVYMWinner
Expense Ratio0.96%0.04%
AUM$15M$79.0B
Dividend Yield16.47%2.86%
Holdings39568
YTD Return+8.90%+15.80%
1Y Return+15.17%+26.12%
3Y Return (annualized)+16.55%+18.25%
5Y Return (annualized)-+12.51%
Volatility (annualized)24.6%14.6%
Max Drawdown-42.2%-58.8%
Fund FamilyClockwise CapitalVanguard (US)
CategoryEquityEquity
InceptionJan 27, 2022Nov 10, 2006

TIME vs VYM Performance

Clockwise US Core Equity ETF (TIME) is a ETF from Clockwise Capital and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year TIME returned +15.17% while VYM returned +26.12%. Year to date, TIME is up 8.90% versus a gain of 15.80% for VYM.

Over three years, TIME compounded at +16.55% per year against +18.25% for VYM. Across the full 5-year window we track, TIME has the edge at +8.10% annualized vs +7.07%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TIME has been the more volatile fund, with annualized monthly volatility of 24.6% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -42.2% for TIME and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

TIME charges 0.96% per year while VYM charges 0.04%. On a $10,000 position that is $96 vs $4 annually, a gap of $92 per year that compounds over a long holding period. On income, TIME currently yields 16.47% against 2.86% for VYM.

Holdings Overlap

7.0%overlap

TIME and VYM share 8 holdings out of 595 unique holdings combined, representing a 7.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in TIMEWeight in VYMDifference
AVGO3.72%6.47%2.75%
AMGN3.08%0.84%2.24%
KO2.01%1.39%0.62%
DGProProPro
VLOProProPro
MPCProProPro
EVRGProProPro
PSXProProPro
See all 8 holdings TIME shares with VYM
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, TIME or VYM?

TIME has an expense ratio of 0.96% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

Which performed better, TIME or VYM?

Over the past year TIME returned +15.17% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (5 years), TIME annualized +8.10% vs +7.07% for VYM. Past performance does not guarantee future results.

Which is riskier, TIME or VYM?

TIME has been the more volatile fund at 24.6% annualized versus 14.6% for VYM. Worst drawdown: TIME -42.2% vs VYM -58.8%.

Should I hold both TIME and VYM?

TIME and VYM have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between TIME and VYM?

TIME and VYM share 8 common holdings with a 7.0% weight overlap. Combined, they hold 595 unique securities.

Which pays a higher dividend, TIME or VYM?

TIME yields 16.47% while VYM yields 2.86%, so TIME currently pays the higher dividend yield.

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